Jobless level in state edges down to 4.5%

Arkansas’ jobless rate continued to improve in February, dipping to 4.5% for the 10th-consecutive monthly decline since spiking to double digits in April. The state unemployment rate is inching closer to the 3.8% registered in February 2020 before the pandemic ravaged the economy. The Department of Workforce Services said Friday that unemployment fell from 4.6% […]

Gas prices make upward trek

Demand increasing after pandemic-fueled reduction in 2020 Gasoline prices, low through most of 2020, are rising in Arkansas and across the country as global crude oil prices rise, oil refineries recover from winter weather and Americans begin receiving covid-19 vaccinations. Demand for gas fell early last year when the coronavirus hit. Last April, the national […]

AEDI Creates New COVID-19 Initiative to Track Virus’s Social and Economic Impact on Arkansas

The Arkansas Economic Development Institute (AEDI), based at the University of Arkansas at Little Rock, has developed an interactive COVID-19 data dashboard that tracks the social and economic impact of COVID-19 on Arkansas. The dashboard will provide Arkansans access to timely and relevant information on how the virus affects their employment, mental health, food security, […]

Arkansas Unemployment: Metro vs. Rural Areas

The unemployment rate in Arkansas moved up slightly in August, to 7.4%, as it did in six of the state’s eight metro areas. Only Fort Smith and Texarkana posted declines between July and August. The “unemployment statistics seem to suggest that non-metro parts of the state showed relative improvement in August,” the state’s economic forecaster, […]